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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net income $ 698,000 $ 7,085,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 176,000 149,000
Software amortization 549,000 448,000
Stock-based compensation 168,000 162,000
Deferred income tax benefit 0 (5,200,000)
Loss on disposal of assets 5,000 0
Changes in operating assets and liabilities:    
Accounts receivable, net (95,000) 454,000
Inventories 365,000 524,000
Prepaid expenses and other current assets (35,000) (118,000)
Accounts payable (89,000) (468,000)
Accrued expenses and other current liabilities (217,000) (1,159,000)
Other (Lease asset and obligations) (5,000) 2,000
Net cash provided by operating activities 1,520,000 1,879,000
Investing activities:    
Capitalized software development costs (22,000) (1,042,000)
Purchases of property and equipment (112,000) (239,000)
Net cash used for investing activities (134,000) (1,281,000)
Financing activities:    
Stock for tax withholding (6,000) (21,000)
Proceeds from PPP Loan (Note L) 923,700 0
Proceeds from stock options exercised 0 4,000
Net cash provided by (used for) financing activities 918,000 (17,000)
Effect of exchange rate changes on cash 48,000 (94,000)
Change in cash and cash equivalents 2,352,000 487,000
Cash and cash equivalents at beginning of period 5,118,000 4,236,000
Cash and cash equivalents at end of period 7,470,000 4,723,000
Non-Cash investing and financing activities:    
Purchase of property and equipment in accounts payable $ 7,000 $ 20,000